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1  Bitcoin / Mining / US Mining Hardware Deduction/Depreciation on: March 28, 2014, 12:52:03 AM
Is there anybody out there with real advice on the basics on how mining hardware could properly be deducted for US tax purposes?

Standard depreciation schedule ideas seem completely insane for the cost of hardware that gets bricked within well under a year.

Any legitimate advice, even on how to properly explain this to a tax professional, is greatly appreciated, as I'm sure lots of people have this same question.

Please no general conspiracy theories or bitching, because I understand it's nice to have political opinions, but what you think about the IRS is not helpful to people trying to actually accomplish something.
2  Bitcoin / Mining / Mining for Sean's Outpost on: November 27, 2013, 04:38:37 AM
I had the idea of donating a little bit of hashing power from time to time to point directly to the Sean's Outpost public key through an Eligius pool username --

Right now I'm running a few low-power Block Erupter type units I'm not using for my main mining setup, through:

cgminer -o -u 1M72Sfpbz1BPpXFHz9m3CdqATR44Jvaydd

Anybody with some hashing power to spare hop on board from time to time if you can, and let's do something positive for people that genuinely need your help!
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